How does HR fulfill organizational goals?

The term “Human Resources” refers to all employees in an organization. They are the key ingredients to achieving organizational goals.HR professional plays a vital role by adopting some of the best practices in the activities handled by them as below:

Manpower Planning, recruitment and selection: HR professionals assist managers in proper recruitment strategies and staffing. They provide their technical assistance in writing job description, placing of right people at right place, sourcing, screening, interviewing applicants. Sourcing of resume is done through multiple channels – employee referral programs, staffing firms, job portals and the upcoming trend of sourcing resumes through social media. Sourcing resumes from various sources increases the talent pool and increases the chances of recruitment of right talent for the available job. 

Compensation and Benefits: HR provides their knowledge by fixing the right pay for any particular job based on the availability of the skill in the market, roles and responsibilities. One value addition in this done by HR is mapping of compensation as per the market conditions like skill availability and the compensation paid by other competitors in the same market. HR also suggests on the benefits to be provided by the organization. Benefits may or may not be a part of total compensation but these benefits can increase the employee morale. 

Learning & Development: Employees are in need of sharpening their skills in today’s competitive market. HR focuses on developing the skills in employees which are either lacked by them or which are required by organization. It is not just about skill development but HR is focusing on the overall development of the employee. 

Performance Management: This helps the employee to understand their level of competencies required for them to perform their job. This would help in understanding their skill gap and once they are up to the mark this in turn increases their productivity. HR devises performance management tool to measure individual employee performance. HR is inventing more strategies in motivating an employee or boosting employee morale by profit sharing, performance incentives and rewarding and recognizing the achievements.

Employee Engagement: Engaging an employee is becoming more an importance tool to retain the best talent. HR is engaging employees in conducting variety of events, assisting employees in developing their skills not just limiting the skills required to perform their job.

Employee Welfare: HR is playing a key role by suggesting various welfare measures like costs covering medical expenses, gym bills, vacation packages and many more. 

Employee Advocate: HR plays a vital role in organizational success with expertise on creating a best work environment in which people will choose to be motivated, contributing and happy. In this, the focus is on overall development of an employee. HR is focusing on employee assistance programs, organization development strategies, regularly schedule communication channels with employees and profit-sharing strategies.

Change Management: With an increase in competition, organizations frequently adopt changes in the organizations. Knowing how to link change to the strategic needs of the organization will minimize employee dissatisfaction and resistance to change. HR professionals are contributing by their knowledge and ability to execute successful change strategies. 

Employer branding: Employer branding is communicating and shaping an organization’s reputation as an “employer of choice” or “best place to work”. Employer branding is nothing but differentiating the organization from its competitors. HR Plays a vital role in this and brands the organization at various places. HR is becoming a champion in employer branding by taking lot of initiatives in improvising the employee experience at various levels and anchoring the branding activities at various places. HR is taking an active role in social media websites to promote the organization’s culture.

Analytics: Data plays a key role in any organization. HR is providing all sorts of analytics like cost per hire, cost per employee, mean time to close an open position and many more.